UN climate summit roadmap to reflect national circumstances

The roadmap has already gathered input from 115 countries and 247 non-state actors. The presidency has identified four primary strategies to accelerate its implementation: reforming the international financial architecture to link debt relief with fossil fuel transition and enhance access to finance and carbon markets; strengthening capacity building and technology sharing, particularly in transportation, and improving energy efficiency and electrification; establishing regional and global cooperation for trade and investment frameworks and fostering producer-consumer dialogue; and prioritizing a just transition for fossil fuel-dependent economies by addressing development priorities and building trust.

During discussions, a representative from the International Renewable Energy Agency emphasized the critical role of electrification in the global shift from fossil fuels. This focus is expected to be central to Cop 31 in Turkey, where the country has proposed a global objective for electricity to constitute 35% of global final energy consumption by 2035.

Significant barriers to the fossil fuel transition identified by the Cop 30 presidency include structural imbalances in global finance, inadequate de-risking mechanisms, and continued financial flows towards fossil fuel projects. Additionally, the concentration of clean energy supply chains, the high cost of emerging solutions for hard-to-abate sectors, limited technology sharing, and the absence of dedicated transition coordination mechanisms impede progress. Insufficient political leadership, geopolitical uncertainty, armed conflicts, and outdated legal and trade frameworks also present challenges. Cop 30 president Andre Correa do Lago noted that recent geopolitical crises highlight the link between fossil fuels and vulnerabilities, which needs to be addressed in the roadmap. He also suggested that implementation of the roadmap will be less complex than negotiation, as implementation does not require consensus.

The Cop 30 presidency plans to unveil the roadmap, along with a separate roadmap addressing deforestation, at Cop 31.